Macroeconomics is the study of the fluctuations in the cycles of income and economic growth, unemployment, production and income distribution, inflation, and financial markets. Simply put, it is the study of aggregate supply and demand
Includes bibliographical references and index
PART I: INTRODUCTION -- The science of macroeconomics -- The data of macroeconomics -- PART II: CLASSICAL THEORY: THE ECONOMY IN THE LONG RUN -- National income: where it comes from and where it goes -- Money and inflation -- The open economy -- Unemployment -- PART III: GROWTH THEORY: THE ECONOMY IN THE VERY LONG RUN -- Economic growth I -- Economic growth II -- PART IV: BUSINESS CYCLE THEORY: THE ECONOMY IN THE SHORT RUN -- Introduction to economic fluctuations -- Aggregate demand I -- Aggregate demand II -- Aggregate demand in the open economy -- Aggregate supply -- PART V: MACROECONOMIC POLICY DEBATES -- Stabilization policy -- Government debt and budget deficits -- PART VI: MORE ON THE MICROECONOMICS BEHIND MACROECONOMICS -- Consumption -- Investment -- Money supply and money demand -- Advances in business cycle theory -- Epilogue : What we know, what we don't -- Glossary
